a.	HackerHacker has $ 12 comma 000$12,000 in his personal bank account and $ 44 comma 000$44,000 in the business bank account.
b.	HackerHacker owes $ 7 comma 000$7,000 on a personal charge account at a local department store.
c.	HackerHacker acquired business furniture for $ 29 comma 900$29,900 on DecemberDecember 24. Of this amount, the business owes $ 4 comma 000$4,000 on accounts payable at DecemberDecember 3131.
d.	Office supplies on hand at the real estate office total $ 9 comma 000$9,000.
e.	HackerHacker's business owes $ 126 comma 000$126,000 on a note payable for some land acquired for a total price of $ 164 comma 000$164,000.
f.	HackerHacker's business spent $ 17 comma 000$17,000 for a Realty RegionRealty Region franchise, which entitles him to represent himself as an agent. Realty RegionRealty Region is a national affiliation of independent real estate agents. This franchise is a business asset.
g.	HackerHacker owes $ 190 comma 000$190,000 on a personal mortgage on his personal residence, which he acquired in 2012 for a total price of $ 348 comma 000$348,000.

Carson Hacker is a realtor. He organized the business as a corporation on December 16, 2017. The business received $60,000 cash from Hacker and issued common stock. Consider the following facts as of December 31, 2017 (Click the icon to view the facts.) Requirements 1. Prepare the balance sheet of the real estate business of Carson Hacker Realtor, Inc., at December 31, 2017 2. Does it appear that the realty business can pay its debts? How can you tell? 3. Identify the personal items given in the preceding facts that should not be reported on the balance sheet of the business